Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Tulip bulbs had little intrinsic value. Property has a large intrinsic value in that it is needed to live in. The extra above intrinsic value is the demand. That demand is not going away.

hays - property, like tulip bulbs and gold, has a perceived value .... a bit unfair i know as i too am more than happy that my pension fund is almost exclusively in bricks and mortar with 5% yield

UMMMM.

Don't forget the ground nut's

cynic
I know an area where you can get 20+% return

ah, but you forget that i own the freehold and have done since 1978 and my tenant is AAA+ with a (minimum) 10 year lease :-)
owning the freehold of course does all sorts of interesting things to the return, depending on how you wish to measure it!

Jimmy Savile Zombie Costume Dropped By Amazon

The outfit, which features a blue shell suit, medallion and fake cigar, is described by a charity as "the height of bad taste".

the new nuclear plant to be built will cost 14b and will cost the uk tax payer over 1.2b a year in payments to edf ever year for 30 years .

it is crazy the UK should build the station and run it not the French and Chinese
1.5b will go to the French and Chinese ever year .
it is crazy politics . CAMERON SHOULD BE HOUNDED OUT
THE CONSERVATIVE PARTY IS SELLING THE UK DOWN THE PAN

Iain Duncan Smith MP‏@IDS_MP4m
Don't let fuel poverty spoil this years winter fun! Tesco value ketchup makes an ideal dip to turn icicles into fun ice pops for kids.

Yes, theres no good reason for the nuc station to be farmed out.

Still, Cameroon will be looking for a few good positions after he gets slung out on his ass at the next election.

His hero bliar has shown the way.

the uk GOVERNMENT IS ROTTEN TO THE CORE

I hear the MPs are now claiming wads of £50 notes with their expenses.

The notes are for stuffing down their vests so as to keep warm

Hinkley Point - nuclear power
i understand the concerns about nuclear power, but i also recognise the benefits, and on balance, i am pro - but that is somewhat irrelevant

i am pretty sure the key is that the chinese will have a 30/40% stake, and thus the deal will be inter-governmental between france/uk and china .... it is equally certain that there will be a suitable quid pro quo with china, though the details of that are unlikely come into the public domain

This coalition government reminds me of passed dictators of a "banana republics" scurrying around with suitcases in hands packing into them any of the proceeds they can, before being "kicked out of power" and they attempt to catch the last plane to another "banana republic".

The only thing here is that this time they are probably leaving London rather than coming to it.

There will be room left for Manuels.

ExecLine is showing all the traits of Iain Duncan Smith.he he.

fred - one of your more meaningless posts i'm afraid

fred good post . Cameron and is liars would sell their mothers for a quick buck or a vote . Cameron and clegg will go down in the history books as the two who sold the souls for their own ends

The nuclear plant deal has cross party support. Labour is just as keen as the Conservatives on the China/France/UK deal.

is that true hays?
i'ld guess labour will just give tacit support so they can deny, but assuredly i see no squawking from that quarter

All this tax dodging cant be an accident.




Tax Special Investigation: Firms running NHS care services avoiding millions in tax


First of a series: companies running care services are among many avoiding millions in tax through a legal loophole


Richard Whittell , Emily Dugan

Monday 21 October 2013



Companies receiving lucrative government contracts to run care services looking after tens of thousands of vulnerable people are avoiding millions of pounds in tax through a legal loophole.


The firms are cutting their taxable UK profits by taking high-interest loans from their owners through the Channel Islands Stock Exchange, an investigation by Corporate Watch and The Independent has found. By racking up large interest payments to their parent companies, they are able to reduce their bottom line and cut their tax bills.

The news will increase concern about NHS reforms that are seeing private companies take more responsibility for services. It also raises questions about the Government’s commitment to tackling corporate tax avoidance, which David Cameron has said “corrodes public trust”.

Over the course of this week, The Independent will reveal how more than 30 UK companies, including some of the UK’s most recognisable brands, are benefiting from this legal tax loophole, known as the quoted Eurobond exemption. HMRC considered restricting the use of the loophole in 2012 but never took action.

The care companies known to benefit from the loophole are: Partnerships In Care (several of whose mental health facilities have recently failed inspections), Independent Clinical Services, Priory Group, Acorn Care, Tunstall, Lifeways, Healthcare At Home, Spire Healthcare and Care UK.

Margaret Hodge, chair of the Public Accounts Committee, said: “Companies have a duty to pay their fair share of tax relative to the profits they make in this country. Yet it seems every week brings a new revelation of another business that is using artificial structures to move profits out of the UK, seemingly for no purpose other than to avoid tax.

“The case of these private health companies, which The Independent has brought to my attention, I find particularly depressing. These are companies who get their income overwhelmingly from taxpayers’ money, for the purpose of providing a vital public service, yet do not appear to be making their fair contribution to the public purse.”

One of the companies, Partnerships in Care, managed to turn what would have been a hefty tax bill into a tax credit in 2012, according to accounts filed at Companies House. It owes £321.9m to its owners Cinven, a European investment firm. By paying interest of £29.7m on these borrowings in 2012, it helped to turn a healthy operating profit of £31.7m into a pre-tax loss, leaving the group with a tax credit of £629,000.



More: http://www.independent.co.uk/news/uk/home-news/tax-special-investigation-firms-running-nhs-care-services-avoiding-millions-in-tax-8892925.html